El Salvador Acquires Millions in Bitcoin Ahead of World-first Adoption
Late Monday, El Salvador President Nayib Bukele stated that his administration had purchased another 200 bitcoins in preparation for the country’s formal adoption of the cryptocurrency.
Sabi Startup Supports 150,000 Small Businesses in Nigeria
Sabi, a Nigerian women-led B2B firm, has revealed that its marketplace platform now has over 150 000 small business members.
Zoom Mourns a 17% Drop In Shares as People Return to Office
Zoom Video Communications Incorp’s stock fell about 17% on Tuesday after the video conferencing business reported a faster than expected drop in demand.
NGX Celebrates 60 years of Supporting Africa’s Largest Economy
As one of Africa’s leading market infrastructure groups, Nigeria Exchange Group (NGX) celebrated 60 years of supporting Africa’s largest economy yesterday.
WhatsApp might have an iPad app for the first time
WhatsApp is working on a fully native iPad app as, In July, WhatsApp announced that it was working on next-generation encryption that would allow genuine multi-device connectivity without the need for a smartphone connection.
Plentywaka Picks $1.2m seed, Acquires Ghana’s Stabus
A Lagos-based company has raised $ 1.2 million in initial funding to build Plentywaka and acquire Ghanaian startup Stabus.
Showlove the Gifting Startup Raises $300k Pre-seed Funding
Showlove, a Nigerian social gifting network, has raised $300,000 in a pre-seed round led by Fedha Capital and other angel investors.
MTN Appoints Odunayo Sanya as Executive Secretary of MTN Foundation
MTN Nigeria has appointed Odunayo Sanya as Executive Secretary of MTN Foundation. She replaced Nonny Ugboma who held the office from January 2009 to March 2021.
Nigerian Startups might just be Crippled by a Recently Leaked bill
Over the years there has been talks of amendment on the 2007 Act of the National Information & Technology Agency (NITDA).
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CBN Freezes Risevest, Bamboo, Trove and Chaka Bank Account.
Central Bank of Nigeria has frozen the accounts of Risevest, Bamboo, Trove, and Chaka founders for the next six months.
Hacklab Foundation Partners BlueAfric Media to Host AI Hackathon in Nigeria
The largest hackathon in West Africa is set to take place in Lagos, Nigeria, with BlueAfric Media at the forefront of communications for the event.